YAS0
Opportunities: Another look at Bitcoin's Realized Price.
Realized price is NEVER the same. The average purchase price changes based on the market price. Historically, there's around a -20% drop in from Bitcoin's Realized price from its cycle's ATH to that same cycle's ATL. This period lasts a duration of around 400 days. The ATH for this market cycle's BTC Realized price is a little above $24500. Currently, the Realized price is $23000. A -20% drop from $24500 would put Realized price at around $19600 for the realized price cycle bottom. Typically, during the period of time where Realized price trends downward, the market price of Bitcoin also drops and moves below the Realized price. The MVRV ratio that is not in the chart will be less than 1 ratio. Lower MVRV ratio means mkt price is below realized price/purchased price. The yellow box is my prediction for mkt price movement. *prediction is not Financial advice. * However, Mkt price is already moving below Realized price, and we'll probably move below Realized price for a while.